Molson Coors Beverage Company announced plans to cut approximately 400 jobs, representing 9% of its Americas salaried workforce, by the end of 2025.

The big picture: The restructuring aims to address uncertainties from cautious consumer spending, inflation, and tariff-related cost volatilities affecting U.S. alcohol companies. • The company will reinvest in its core categories: beers, non-alcoholic beverages, and energy drinks.

Go deeper: Restructuring charges are expected to be between $35 million and $50 million in Q4. • Molson Coors operates breweries in Colorado and owns brands such as Coors, Molson, and Miller. • As of December 2024, the company employed approximately 16,800 people worldwide. • In August, Molson Coors forecasted a profit decline due to tariff impacts on alum

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